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Co-op vs. Condo: Understanding the Differences in NYC Real Estate

Co-op vs. Condo: Understanding the Differences in NYC Real Estate

by James Simari | Mar 14, 2024 | Owner Education, Property Management Education

Differences Between NYC Co-ops and Condos: What Property Investors Should Know If you’re planning to invest in New York City real estate, it’s essential to understand the differences between NYC co-ops and condos. These two types of property ownership each...
A Guide to the STAR Program and NYC Tax Abatement for Condo and Coop Owners

A Guide to the STAR Program and NYC Tax Abatement for Condo and Coop Owners

by James Simari | Mar 7, 2024 | Owner Education, Property Management Education

NYC Tax Abatement: How Condo and Co-op Owners Can Save with the STAR Program If you own a condo or co-op in New York City, you could lower your property tax abatement through a program called STAR (School Tax Relief). Started in 1997, STAR helps eligible homeowners...
Local Law 152: Ensuring Gas Safety in New York City’s Residential Buildings

Local Law 152: Ensuring Gas Safety in New York City’s Residential Buildings

by James Simari | Feb 28, 2024 | Owner Education, Property Management Education

NYC Gas Inspection Law: What Building Owners Need to Know About Local Law 152 If you own or manage a residential building in New York City, understanding the NYC gas inspection law—specifically Local Law 152—is essential. At Harlem Property Management, we help condo...
Insurance Unveiled: Essential Coverage for Condo and Co-op Associations in New York City

Insurance Unveiled: Essential Coverage for Condo and Co-op Associations in New York City

by James Simari | Oct 19, 2023 | Owner Education, Property Management Education

Essential Insurance for NYC Condo and Co-op Boards: Coverage You Can’t Overlook Understanding the right insurance for NYC condo and co-op boards is crucial for protecting your building, board, and residents. Serving on a board in New York City means managing risk—from...
The Key to New York City Coop Ownership: Understanding Proprietary Leases

The Key to New York City Coop Ownership: Understanding Proprietary Leases

by James Simari | Oct 6, 2023 | Owner Education, Property Management Education

Proprietary Leases in NYC Co-ops: What Buyers Should Know Before Signing If you’re planning to buy a co-op in New York City, it’s essential to understand proprietary leases. Unlike condos or single-family homes, co-op purchases don’t come with a deed. Instead, you...
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